Scholarships, Grants, and Loan Trends at Prism Career Institute-Philadelphia

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 280, which is 70.44 % of all undergraduate students. 260 students which is 64.56% of undergraduate students received federal student loans and the average loan amount is $6,762.

For full-time, first-time beginning students (freshmen), 75.00% of students received grants or scholarships and 68% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Prism Career Institute-Philadelphia since 2014.

For that period, the average number of students who received grants aid/scholarships is 280, which is 70.44 % of all undergraduate students. 260 students which is 64.56% of undergraduate students received federal student loans and the average loan amount is $6,762.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15503 (87%)$4,067503 (87%)$4,067475 (82%)$8,267
2015-16451 (84%)$3,884443 (83%)$3,924484 (90%)$7,258
2016-17208 (69%)$3,158208 (69%)$3,069225 (75%)$5,974
2017-18269 (77%)$3,556269 (77%)$3,540176 (50%)$6,879
2018-19199 (73%)$3,518199 (73%)$3,471134 (49%)$7,009
2019-20186 (69%)$3,158180 (66%)$3,087189 (70%)$5,708
2020-21170 (53%)$4,385167 (52%)$3,353181 (56%)$5,663
2021-22267 (61%)$4,530258 (59%)$3,925199 (45%)$7,279
2022-23265 (61%)$4,843261 (60%)$4,278276 (64%)$6,822
Average280 (70.44%)$3,900276 (69.56%)$3,635260 (64.56%)$6,762
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 103 (75.00 % of students) received grants or scholarships and its average amount is $3,835. It can cover 13.56% of tuition & fees ($28,283).

In addition, 93 (67.89 % of students) students get helped from the students loans (average amount : $6,479).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15183 (87%)$3,865157 (75%)$7,926
2015-16126 (85%)$3,846131 (89%)$6,672
2016-1751 (70%)$3,28050 (68%)$5,767
2017-1884 (79%)$3,33456 (52%)$6,105
2018-1979 (80%)$3,45257 (58%)$6,655
2019-2071 (74%)$2,94572 (75%)$5,403
2020-2162 (63%)$4,10967 (68%)$5,355
2021-22137 (67%)$4,545114 (56%)$7,825
2022-23132 (70%)$5,141132 (70%)$6,603
Average103 (75.00%)$3,83593 (67.89%)$6,479
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 102 (74.44 % of students) received Pell (federal) grants and its average amount is $3,532.

In addition, 16 students received State/local government grants/scholarships (10.40 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15183 (87%)$3,72372 (34%)$2183 (1%)$3,410--
2015-16124 (84%)$3,82932 (22%)$2001 (1%)$3,410--
2016-1751 (70%)$3,2449 (12%)$203----
2017-1884 (79%)$3,3196 (6%)$213----
2018-1979 (80%)$3,42411 (11%)$201----
2019-2071 (74%)$2,88813 (14%)$311----
2020-2161 (62%)$3,0249 (9%)$21922 (22%)$3,104--
2021-22133 (65%)$3,82645 (22%)$30829 (14%)$3,447--
2022-23130 (69%)$4,51540 (21%)$24026 (14%)$3,159--
Average102 (74.44%)$3,53226 (16.78%)$23516 (10.40%)$3,306--
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 93 (67.89 % of students) get any students loan help and its average loan amount is $93.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15157 (75%)$7,926157 (75%)$7,926--
2015-16131 (89%)$6,672131 (89%)$6,672--
2016-1750 (68%)$5,76750 (68%)$5,767--
2017-1856 (52%)$6,10556 (52%)$6,105--
2018-1957 (58%)$6,65557 (58%)$6,5923 (3%)$1,198
2019-2072 (75%)$5,40372 (75%)$5,3861 (1%)$1,205
2020-2167 (68%)$5,35567 (68%)$5,2954 (4%)$1,000
2021-22114 (56%)$7,825113 (55%)$7,5423 (1%)$13,241
2022-23132 (70%)$6,603131 (70%)$6,5591 (1%)$12,380
Average93 (67.89%)$6,47993 (67.78%)$6,4272 (2.00%)$5,805

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